Israeli flag carrier El Al has announced that it expects a $40-50 million reduction in Q3 2014 revenue, due to the ongoing conflict in Gaza. El Al stated: “There have been many flight cancellations by foreign and Israeli passengers, both on outgoing as well as incoming flights. This is in addition to a significant drop in reservations for the company’s flights, which to the best of the company’s knowledge is due to the conflict.”

This content is restricted to site members.

If you are an existing user, please login below.
New users may register below.

Existing Users Log In